81345 Avenue 54 La Quinta CA 92253 MLS #25495789

81345 Avenue 54
La Quinta, CA, 92253
$29,950,000
13 Beds
12 Baths
10,685 SqFt
40 Acres
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The "Gem of the Desert", set on 40 acres in the heart of La Quinta, surrounded by picturesque mountains and endless views lies the legendary, Merv Griffin Estate. Trailblazing interior designer Waldo Fernandez masterfully showcases a seamless blend of Moroccan elegance with modern California influences. With a vision imagined by the legendary television entrepreneur Merv Griffin, this is a rare opportunity to own an iconic estate, with multiple residential structures totaling 13 beds and 12 baths. This expansive property is a true compound, featuring 7 distinct structures, the crown jewel of which is the magnificent 5,409-SF main residence. A majestic mountain backdrop frames the estate, providing panoramic vistas of the surrounding landscape, including the tranquil 2.5 acre lake and sprawling orchard. The property is home to world-class equestrian facilities including a 16-stall barn and thoroughbred horse racing track. Experience self-sufficiency with a highly productive potable well (water rights owned) that services all water needs across the property. Located across the street from the prestigious Madison Club and Empire Polo Fields, with close proximity to world class dining and shopping, just two hours from Los Angeles in one of the deserts most prestigious settings.

Property Details

Price:
$29,950,000
MLS #:
25495789
Status:
Active
Beds:
13
Baths:
12
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
Feb 7, 2025
Finished Sq Ft:
10,685
Lot Size:
1,742,400 sqft / 40.00 acres (approx)
Year Built:
1986
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Schools

Interior

Appliances
Barbecue, Dishwasher, Disposal, Refrigerator
Cooling
Central Air
Fireplace Features
Great Room, Patio, Guest House
Heating
Central

Exterior

Garage Spaces
6.00
Parking Features
Driveway
Pool Features
In Ground
Spa Features
In Ground
View
Lake, Panoramic, Mountain(s)

Financial

Map

Community

Subdivisions in La Quinta

Market Summary

Current real estate data for Single Family in La Quinta as of May 12, 2025
580
Single Family Listed
89
Avg DOM
517
Avg $ / SqFt
$1,839,905
Avg List Price

Property Summary

    81345 Avenue 54 La Quinta CA is a Single Family for sale in La Quinta, CA, 92253. It is listed for $29,950,000 and features 13 beds, 12 baths, and has approximately 10,685 square feet of living space, and was originally constructed in 1986. The current price per square foot is $2,803. The average price per square foot for Single Family listings in La Quinta is $517. The average listing price for Single Family in La Quinta is $1,839,905.

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